India

Securities / Derivatives

SEBI Grants Mutual Funds More Flexibility to Trade CDS

By Ajoy K Das | 23/09/2024

SEBI expects the move to drive growth in fixed income markets as it would allow mutual funds to hedge against bond defaults.

AML / KYC

FATF Publishes Mutual Evaluation Report on India

By Manesh Samtani | 20/09/2024

The report says India is achieving good results, but that it needs to address domestic PEPs, risks in the NPO sector, and a backlog of court cases.

Capital / Liquidity

French and German Banks Calling on RBI to Adjust Trading Rules

By Manesh Samtani | 19/09/2024

The existing rules would not be able to accommodate a third-party trading model proposed as a temporary solution to address ESMA’s derecognition of Indian CCPs.

Securities / Derivatives

India to Introduce Centralised Fee Collection Platform for IAs, RAs

By Ajoy K Das | 19/09/2024

The platform will provide an optional mechanism for investment advisers and research analysts to collect fees from clients.

Fintech / Regtech

India Launches Integrated Platform for GIFT City Regulatory Approvals

By Ajoy K Das | 19/09/2024

The digital platform allows firms to submit applications, obtain approvals, and fulfil related requirements without having to navigate multiple regulators.

Securities / Derivatives

SEBI Modifies Valuation Framework for AIF Investment Portfolios

By Ajoy K Das | 19/09/2024

AIFs will now have seven months to report valuations based on audited data from investee companies as against six months previously.

Market Infrastructure

SGX RegCo Reviews Corporate Query Regime to Reduce Frictions

By Nithya Subramanian | 19/09/2024

SGX RegCo adopts a three pillar approach to enhance the value of listed companies, but there have been calls for a more prescriptive approach.

Securities / Derivatives

SEBI Shortens Timeline for Allotment and Trading of Bonus Shares

By Ajoy K Das | 19/09/2024

SEBI issued a circular setting out guidelines to enable investors to trade bonus shares just two days after the record date, starting from 1 October.

Securities / Derivatives

SEBI Dismisses Co-location Case Against NSE and Executives

By Ajoy K Das | 18/09/2024

SEBI had directed NSE to disgorge billions of dollars in 2019, but the Securities Appellate Tribunal ordered the case to be re-adjudicated.